
Home Price Key
These days, finding an affordable place to live in the Trowbridge Park area can be challenging. Home prices in Trowbridge Park are now at a median cost of $353,856, higher than the Michigan average of $196,062.
The average cost of rent is $980/mo in Trowbridge Park, primarily driven by the current value of real estate in the Trowbridge Park area. While nearly 38.07% of residents own their homes outright in Trowbridge Park, 31.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Trowbridge Park is $6,305 per month. Households that rent pay about 15.54% of their income on rent here. Trowbridge Park's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
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